New Delhi, April 19 -- Nandan Denim share price will remain in focus in Monday's trading session after the company announced the acquisition of a stake in Opera Vayu (Narmada) Private Limited.

On Friday, the penny stock ended the session around 3% higher, closed at Rs.2.71 apiece.

In an exchange filing on Friday, Nandan Denim said that the board has approved the acquisition of a 6.1% equity stake in Opera Vayu (Narmada) Private Limited, a special purpose vehicle set up for renewable energy generation.

"The board considered and approved to enter into a Share Transfer cum Shareholders' Agreement with the Special Purpose Vehicle i.e. M/s. Opera Vayu (Narmada) Private Limited ("SPV"), and Shivman Wind Energy Private Limited (Promoter and P...